Your credit report itself does not say whether you are a
good or bad credit risk -- it provides lenders with the data
to make the decision themselves. Credit bureaus (Equifax,
Experian & TransUnion), collect this information from
merchants, lenders, landlords, etc., and then sell the
report to businesses so they can evaluate your application
for credit. Lenders make their decisions based on different
criteria, so having all of the information helps them ensure
that they are making the right decision.
Imagine this situation: You go to the Car Dealer to buy the
car of your dreams and surprise! The salesman tells you that
due to some "negative" items on your Credit Report, the
interest of your car loan changed from 1.9% APR to 7.5%, or
even worse, your car loan was denied! The good news
we can remove those errors for you!
Credit reports have several sections:
Detailed information about your credit report is provided in
the educational material provided with your credit repair
Erroneous items on your credit report may cause serious
impact in your finances.